According to the public record, 271, London Road, Leicester is a period freehold house with 5,285 ft2 of internal area and sits on a 473 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
London Road, Leicester, LE2 is located within the LE2 postal district.
271, London Road, Leicester has a single entry in the Land Registry database from January 2019 and a single entry in the EPC database dated February 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 271 London Road Leicester as £696,924 and the rental value as £2,345 per month giving an expected gross yield of 4%.
Over the last 12 months the sale value of 271 London Road Leicester has increased by £3,078 (0.4%) and its rental value has increased by £60 per month (2.6%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 271, London Road, Leicester is in very good condition we estimate a sale value of £731,770 and rental value of £2,463 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £648,139 and a rental value of £2,181 per month.
If you were able to purchase this property for the estimated value of £696,924, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,425 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 271, London Road, Leicester sits on a plot of 473m2.
We have plot size data on 5 out of 5 other houses in the postcode and 271, London Road, Leicester sits on the 4th largest plot.
According to HM Land Registry, 271, London Road, Leicester was last sold on 30 Jan 2019 for £385,123 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jan 2019, the market for similar properties has risen 24.2%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 271, London Road, Leicester within a radius of 470 metres over the last 2 years.
The most recent example is 6, St. Johns Road, Leicester, LE2 2BL, a Freehold house which sold for £570,000 in Oct 2014.
Read more about house prices in LE2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
London Road, Leicester, LE2 has a total of 1129 addresses. According to our analysis of all the public data, 271, London Road, Leicester is the largest and the 14th most expensive property on the street.
When compared to the postcode district it is £420k more expensive than the average property in LE2.
271, London Road, Leicester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 01 Feb 2023.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to 271, London Road, Leicester is Leicester station which is 1.8 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 271, London Road, Leicester, 56.7% of property is privately rented and 23.3% is privately owned outright.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 271, London Road, Leicester, 22.6% of residents are recorded as possessing school level qualifications and 44.5% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 271, London Road, Leicester, the average age was 37 and the most common age was 22.
The graph below shows how this compares to East Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 271, London Road, Leicester, 0.8% of property was a second home.
Comparison figures for East Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 271, London Road, Leicester, there are an average of 0.8 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.